The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-06-15

!oWeF ahu moderately active: western steam $40
tember ! O9c: October 7.lba7,2ic; November \, oSu
7.loe. Dntter firm and In fall, inquiry; western
laalsc. Cheese quiet and weak; western Sa9Xc. y
CHICAGO. Juno "A Tho calm. Of yesterday or
iho ihieago Board OF Trade was followed by great
caught Their breath and stcadlcd their nerves alto,
The break Of yesterday wnen tho second cyclone
Same.ult was the wheat pit scare oil. satur.
Gay, enlarged and intensified. Tho liberal tax.
That future steady at or about Sic per bushel. Out.
Side iaders threw . them selves into . tho pit
and state that tho combination permitted
t ths s thsY a asqtln neon on saturday "a p,,l fer ,, q PURPOSE and
haye already done May aud June. Many became
"tatietst" tue scaicts became active aud II looked
~ y the worst was past, and that tho loves! point
urday occurred, but the out,Ido iorcss wero at work
Tor the bears. Thousands OF cars standing on sIdo
sacEs, elevators, nll filled 10 bursting. tremendous
w ySe.p1s m ,ep Pre- ana everything p~o!a.iag TO mora
ne conditions when traders went on tho Change
WHEAT SISa there were no takera. II was olfaIed
Ths lean .nst took hold IN I upon po 'AAt shs
bulls at so the close Of the last Of
ole lTeek again made them quake. Tho uproar
grew intense In the wild Offers to sail wheat. July
utopped from Siho TO SIC, while men were think.
ing what 70 DO; Everyone wanted to unload, but no
Que wanted wheat. In lcsy time than il takes 10
tt!! Tue story, jay wheat was offered at Sole or 90
s6n,t . man, lug &c closing price yesterday. 2 II was a
Traders crawlcd out Of the pit dipping with prcs.
pirauon aud weak from excitement. There was
tslko OF failures, but none vera announced, 10 add
hour III :rc was a slight rally. July sold UP to Sic.
This was butt lull IN the storm. At II a, II. die
Indicator for July showed IL again selling down,
- ~. n ilt!een minutes 1t was Offered a! 79c; 40 to.
10y ne opening, an hour before. Then came the
Third tumble at noon. aud July wheat sold down to
Mt,Sc, Or 7114c below tho opening figure,
ne entife board was little less than a pandemo-
mum ana bears declared 1t lust rctributlono oil bull.
that there was u run on the Bank OF Cincinnati,
where the headquarters Of the 'longs" are sup.
p ass n 10 Do siiua.sd: aarslas were freely called
baliRs, II was said, refused TO advance apv more
money on wheat, aud late in the session II was
stated INC checks Of some OF tho parties interested
On the logs" side had been refused. At 1880
came inc Startling announcement that all persons
having trades with Rosenfeld & Co., one Of tho
clique houses should close them atonce. Tho IN.
roar had not suosided when July wheat took a
t ior = T, an1 rae y w 81, turn q lhe day, ana dropped
sionat 74hc Trouble was expected on margins,
~ ketsiaWsaud the crowd was ready for anylninE
snort o. an earthquake, Throngs OF people
was nled with an excited th1ong OF men
aud women. IL was Il moinipg session 10 be re-
mcmbeied as long Ms wheat grows. The iutermis.
stohAt ! oclocH gave members d chance to catch
thGir breath, and wEcn Tho afternoon. session was
called the excitement had somewhat sbated,f AT
NV II was ollc,ally announced that E. W.. bailey
4 GO. and llamill 4 Brine requested all parties
TaSlng t!ade. with them 10 close them out ut once.
Inc Instant this announcement was made July
wheat oropped TO 7Sxc, but soon recovered and
went back 70 7ic Five minutes later Secretary
stone ,E rsp}p Pc the tq,nultuous crowd TO order aud
leaa me following from the leading clique house
Of CO. kershAw: I'VE have ANNOUNCED mat mar.
guns aud ample funds will be forthcoming by to-
morrow naortttag, gud VT request that no trades
" E!cssu out.' Inc announcement was received
WIN cnee!s. anu 10 a lew minutes July wheat was
selling at 151se. Although the chief exciteAent Of
tnc aay was IN July, YET Juue wheat sold with
wider fluctuations ltom NC down 10 90c, up 10
w. o., aaa lnsn ny JUMPS down to 73c when a slight
teaGtlon occurred. The lowest ngure touched
py June was about eOc uuccr yesterdays clositg
prica1 Corn was active but weak, and tt,ctuatIops
snoMed a W!aer range than for some days. Consid.
erAple business was Transacted in the p%royislou
market, and tho feeling was greatly unsettled.
o1ts, hotbins dong, owing to tue excitement in
wheat, MEsSt. cash No. = spring 7la7AHc; Nc. 8
s sssr! iii 1nG; "a ssla y jig lsd III a,s June 1890, closing at
~, closing al aG14 &c; September 76i4a7SAc, closing
al nc. Con, csth No. 2, S6Aa36g5Go; June SGaS7o..
Sioslhs a. SGc; July sG1sssSac, eiasing 1t SIC; August
a. SIC. Oats: cash no. ?, MTas5c; 'iasH,s aiat SgsIns
Gloeiag az 2,Ac: Jaly ;25haa25Hc, closing at 25sac;
AusuSt 2itsHiiHc, closing Vi 2iNc; September
H sI1leS e, cSsing ~ 2.s1e. Rye: cash No +, 5SHc.
- ~, ~SSS SkySu rf ! 11le lluDtuy
SEED u 95Al 81. Mess pots. C1sh ST. 01; June 81 O0,
LaIos GASP 81 211aaa6.553: June 65lhEa6 G21155c, cll sing
9 G2aS 77Hac,, closing Al 6,G71Sc; September e.75a
tn!sc' eioslns a. q 7.tase.1 Balon, siprt ribs lisa
;Sos; shoulders 5tolo.7J c. Butter tirm; creamery
iiAsisc; dairy izaiSc. Eggs steady at 1sSsiie.
w raiIApILrnlA, p. June A.-Elour dull.
TnNa s artssalar. unsettled and lower; No. . red
September s6as6He: Corr, SPOT weak; futures dail;
ny. : mixed 4dc; No, 2 mixed June 45h1uiGKc: July
i6hai7c:- August 4iAf75sc; September 4SSEssascS'
Uss, so! ;s aat! s ND. esSre'y steady: NJ. . mi1esd Sc:
neglected aud nominal; No. = while June S7sa1hc.
July S7a57Ar; August! S5a35hSc: september 31iSa
do lnir to Prime sas1Hc. III" SIDN' '' ~
~CISclNSATi; O., June A.-Flour In light dema.d,
wheat unsettled and nominal; receipts 1000 bush.
els; shinraents 501 bushels. Corn, lower; No. ?
mtIed 4oAc. Oats quiet: No. 2 mixed IKE. Rye
M ;, Ne G3.. Pork dull at SIS Is. Lard, quiet
~ 6.Sl51ssc. Bacon quiet aud unchanged. Whisky
acuyc; sales ,l2I barrels finished goods on bn.is n
p ! s ~. Su " ! suSaran cheese easier. Fggs bare
| n IAITIMOBE. JuOn "a -wkn.t ..t.-.T : LaFJ-s.